November 13, 2008

NOVA Chemicals Declares Quarterly Dividend

NOVA Chemicals Corporation (NYSE:NCX)(TSX:NCX) today declared a quarterly dividend of Cdn. $0.10 per share on the outstanding common shares of the Company, payable on February 15, 2009, to shareholders of record at the close of business on January 30, 2009.

NOVA Chemicals develops and manufactures chemicals, plastic resins and end-products that make everyday life safer, healthier and easier. Our employees work to ensure health, safety, security and environmental stewardship through our commitment to Responsible Care(R). NOVA Chemicals shares are traded as NCX on the Toronto and New York stock exchanges.

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Responsible Care(R) is a registered trademark of the Canadian Chemical Producers Association (CCPA) in Canada and is a registered service mark of the American Chemistry Council (ACC) in the United States.